JOHOR BARU, March 4 Prime Minister Datuk Seri Ismail Sabri Yaakob announced today that the self-employed can now apply for loans for the Perbadanan Pr1ma Malaysia Berhad (PR1MA) housing scheme through the Housing Credit Guarantee Scheme (SJKP). He said SJKP which is fully owned by the.
The property sector’s recovery path remained uneven in 2021, albeit some green shots towards the fourth quarter with a marginal rebound in sales, but the issue of overhang and unsold units remained elevated coupled with the rising cost of living that would put property purchase plans on the back-burner
The property sector in Malaysia is expected to see a gradual improvement in the first half (1H) of 2022 backed by a rebound in market sentiment and the national economic recovery.
PropertyGuru country manager Sheldon Fernandez said the gradual improvement will see the property market likely to accelerate in the 2H of next year based on its asking price indicator study on future transaction prices.
“We anticipate that, if it is not on market recovery, at least it will be stabilised in terms of prices.
“For the near term, market confidence will still be heavily influenced by the developments in the Covid-19 front as we are still seeing uncertainty ahead of us particularly with the Omicron variant,” he said in the PropertyGuru virtual panel discussion on “2022 Property Market Outlook” on Wednesday.
Fernandez said the outlook for the property market will continue to be cautious as the country migrates from a pandemic to an endemic a
KUALA LUMPUR: SP Setia Bhd registered a commendable sales performance of RM3.38bil for the period ended Sept 30, 2021, despite the uncertainties brought about by the Covid-19 pandemic.